Shares of the company have jumped 31.1% in the past year. The Zacks Consensus Estimate for Blackbaud’s 2023 earnings has increased 9.3% in the past 60 days to $3.75 per share.īlackbaud’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average surprise being 10.4%. Shares of BMI have surged 102.9% in the past year. The Zacks Consensus Estimate for Badger Meter’s 2023 earnings has increased 4.7% in the past 60 days to $2.69 per share.īadger Meter’s earnings beat the Zacks Consensus Estimate in all the last four quarters, the average being 5.3%. Shares of DBX have gained 16% in the past year. The long-term earnings growth rate is anticipated to be 12.3%.ĭropbox’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 10.4%. The Zacks Consensus Estimate for Dropbox’s 2023 earnings has increased 10.1% in the past 60 days to $1.85 per share. Unfavorable foreign exchange movements affected sales by $6 million.

A tougher year-over-year comparison owing to backlog fulfillment and timing of channel fill in the prior-year quarter added to the woes. In the second quarter, quarterly revenues decreased 23.9% (down 22.4% on a constant-currency basis or cc) year over year to $304.2 million due to weak consumer demand. On a constant-currency basis, revenues are anticipated to decline 2-5% (earlier view: increase in the range of 1-7%). The company expects revenues to be in the range of $1.625-$1.675 billion compared with the previous guidance of $1.7-$1.8 billion. The company leverages evolving consumer technology and entertainment trends to be at par with the audio consumption patterns of customers, primarily characterized by the fast-tracked adoption of voice assistants and streaming services.įor fiscal 2023, the company has reduced its revenue guidance owing to softening consumer demand and inventory tightening by channel partners.

Sonos operates as a consumer electronics company primarily involved in manufacturing smart speakers with immersive sound experiences.

Download Optimizer 15.4 free